Investors To Acquire Nielsen Parent

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A group largely made up of American equity funds is poised to take over Dutch publisher VNU, the parent of Nielsen Media and several media trade magazines.

The group -- Valcon -- says that shareholders owning 78.7% of the company tendered their stock.
Valcon is composed of U.S. private-equity firms including Kohlberg Kravis Roberts, Carlyle Group, Blackstone Group, Hellman & Friedman and Thomas H. Lee Partners.
The firms have said they plan to keep the company "substantially together as an integrated company."

In addition to Nielsen, VNU also owns a group of trade magaiznes includiing Hollywood Reporter, Billboard, MediaWeek and AdWeek.

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